Exports near €8bn as surge continues
There was a marginal decline in seasonally adjusted imports over July, which meant the trade surplus for the month rose by a seasonally adjusted 12.6% to €3.9bn.
The export sector has performed robustly over the past few years, helping the economy to record a trade surplus in 2011. For the first seven months of the year, exports reached €54.3bn while imports have come in at €28.8bn, which leaves a trade surplus for the year to date at €25.5bn.